Importing goods into Nigeria is set to become costlier than ever after the Nigeria Customs Service (NCS) revives four percent free on board (FoB) charge and plans licensing fee hike for agents.
The FOB charge, passed as law, is calculated based on the value of imported goods, including transporta
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Bethel Olujobi
Bethel Olujobi reports on trade and maritime business for BusinessDay with prior experience reporting on migration, labour, and tech. He holds a Bachelor's degree in Mass Communication from the University of Jos, and is certified by the FT, Reuters and Google. Drawing from his experience working with other respected news providers, he presents a nuanced and informed perspective on the complexities of critical matters. He is based in Lagos, Nigeria and occasionally commutes to Abuja.
